Used truck sales rise in November

Used truck sales rise in November

used-trucks-generic

Used Class 8 truck same-dealer sales increased again in November, recording a 1% month-over-month increase, according to the data from ACT Research Co. Historically, November sales volumes fall below average; however, this year it bucked the trend with a 37% increase year-over-year.

“This unexpected bump was enough to move year-to-date comparisons out of the red for the first time this year, with volumes up 1% over the first 11 months of 2015,” said Steve Tam, ACT’s vice president. “The retail segment had a solid month, posting gains across the board, up 6% month-over-month, 38% year-over-year and 2% year-to-date.”

Used Class 8 exports also climbed, recording their best month of the year thus far in October. “Following two sequential monthly declines, exports rose 88% month-over-month in October, to 1,885 units, a 37% year-over-year increase,” noted Tam. “Four consecutive months of year-over-year improvements conspired to offset weak early year volumes and push the year-to-date total up 4% over the same time period last year.”

You May Also Like

Navistar passes 100 EV authorized dealers

Over 30% of all dealer locations will be able to support EV sales and service, across 41 states and seven of 10 Canadian Provinces. 

Navistar announced that it now has more than 100 EV authorized dealer locations. The OEM says it will have more than 30% of its dealer locations ready to support the sale and service of both International and IC Bus EVs, across 41 states and seven of 10 Canadian provinces. 

To be EV authorized, Navistar says dealers must:

ACT Research predicts ‘year of transition’ as trailer orders fall in March

ACT says while softer order activity still meets expectations, net orders remain challenged by weak profitability for for-hire truckers.

ACT-Research-US-Trailer-Net-Orders-Prelim-April
Mercedes-Benz eActros 600 completes winter trials

Tested in the cold of Finland, and the heat of Spain, Mercedes-Benz says the BEV eActros 600 is slated to launch at the end of the year.

Mercedes-Benz-eActros-completes-winter-trials
Inside the most secret building at Volvo Trucks

What’s no secret is the importance of trucking safety, and Volvo’s goal to reduce accidents across the globe.

Volvo-Trucks-Global-Safety
PrePass comes to four new states, adds 116 sites

With this expansion, the PrePass Safety Alliance says fleets with the PrePass app now have 20 percent more bypass sites nationwide.

PrePass-logo-large

Other Posts

Interact Analysis: HRS construction in China lags behind 2025 target

Some areas currently have a ratio of nearly 140 commercial hydrogen fuel cell vehicles for each hydrogen refueling station.

Interact-Analysis-Hyrdogen-stations-china-HRS-Graph3
XL Specialized Trailers launches Knight MFG trailer

The Knight, a 48-ft.-long detachable gooseneck lowboy with an overall capacity of 80,000 lbs., is now available form XL dealers.

XL-Specialized-Trailers-Knight
How fleet management tools can help increase fuel efficiency

From fleet cards to EVs and data, all work together to help save on costs.

generic-fuel-efficiency-fleet
Orders open for new Volvo VNL

Production will start later this summer, and Volvo expects customer deliveries to begin later this year.

Volvo-VA-facility-VNL-order-books-open